Pallets with boxes are stacked at dizzying heights like a massive game of Tetris. DHL Freight in Bremen stores products ...
← Logistics Dictionary
Free on Board (FOB)
What is Free on Board?
The term Free on Board is used to specify who bears the costs of shipment between a buyer and a seller from the point of departure. Once the shipment is on board a vessel, the buyer bears the risks and costs associated with the shipping.
The use of FOB term is strictly for goods transported through the sea or inland waterways.
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